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Why do people file a chapter 7 bankruptcy?
Generally people file chapter 7 bankruptcy if they have
a large amount of unsecured debt such as credit card debt
or medical expenses that they are no longer able to pay.
Often unemployment, unexpected medical expenses, or divorce
prompt the cause the debtor to seek protection from creditors
by filing chapter 7 bankruptcy.
If you still have questions you can schedule a free consultation with a bankruptcy attorney.
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